Recently, we have seen many mega-cap companies performing well and shown impressive returns during earning. The companies are always reaching an all time high(ATH). What causes all rises? The FED are happy with the data retrieved from the index : PCE. What is PCE? Personal Consumption expenditure price index better known as the price consumer index tracks for changes in how people shop when inflation jumps. The latest consumer price index showed that inflation eased in May for a second straight month. It reinforced hopes that the acceleration of prices that occurred early this year has passed. This is an encouraging sign for the FED as well as consumer. More spending means more earning for the company which also signals a better company. There are still much more room for growth even thoug
Is it Wise to Buy Stocks at Historical Highs?
Over the past year and a half, the S&P 500 has been rising, currently up nearly 50% from its low at the end of 2022. If you buy at historical highs and the market subsequently falls, your portfolio could suffer significant losses. Although buying at high points seems risky, if you can hold on firmly for the long term, this risk can be mitigated. ------------ Is it really wise to buy at historical highs? Have your bought at historical highs? Did you profit or lose moner?
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